Adani-IHC expand Odisha investment plans to $25bn across 14 projects
Abu Dhabi-based International Holding Company (IHC) and India’s Adani Group have expanded their investment plans in Odisha, outlining INR 2.105 trillion (USD 25 billion) of potential investment across 14 projects spanning metals, critical minerals, energy, chemicals and infrastructure. The...
Odisha CM visits EGA Jebel Ali, highlights NALCO–EGA aluminium partnership
Odisha Chief Minister Mohan Charan Majhi visited Emirates Global Aluminium’s (EGA) Jebel Ali site in Dubai, highlighting the strategic importance of the NALCO–EGA technology licensing partnership in strengthening Odisha’s aluminium industry. During the visit, Majhi emphasised how the collaboration...
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Three variants of the Ducati Scrambler 1100 now available in India with aluminium features
The Ducati Scrambler 1100 is finally available in India in three variants Scrambler 1100, Scrambler 100 Special, and Scrambler 1100 Sport. The most noticeable difference on the three models of the Scrambler 1100 is that the Standard and the Special come with fully adjustable 45 mm Marzocchi forks...
Vedanta to invest US$8 billion in aluminium, other sectors
Mining and metals major Vedanta will invest up to US$8 billion to increase the production of aluminium, zinc, lead and oil over the next three years, Vedanta’s Chairman Navin Agarwal told shareholders at the company’s annual general meeting last Friday. “As India’s largest private oil producer, the...
Geeta Aluminium opens new aluminium doors and windows showroom in Goa
Geeta Aluminium, one of the leading providers of aluminium system windows and doors in India, launched a showroom in Panaji. Geeta Aluminium Co. Pvt. Ltd. is a leading provider of aluminium doors and windows that started operation in 1964. The company manages distribution, marketing and full scale...
National Seminar on Aluminium Extrusion in Bangalore brings together industry professionals to discuss innovations and applications in extrusion
AAI organized a One Day National Seminar on “Aluminium in Extrusion: Next generation, New Innovations” on Thursday, 23rd August 2018 at The Chancery Pavilion, Residency Road, Bengaluru, India. Aluminium extrusions are used for their strength, flexibility, durability and sustainability in various...
Sweden’s aluminium scrap export in Q1 2018 drops from a year ago; Germany remains the top importer
Metal recycling and aluminium, in particular, is gaining a significant importance attributed to increasing industrialization and urbanization, rising income, and spending capability of people in developing economies such as China, Brazil, and India. According to the Global Recycled Aluminium Market...
ISRO looking at locally procured aluminium and beryllium alloys for future space missions
Indian Space Research Organisation (ISRO) chairman K. Sivan called for a national effort to develop and produce advanced alloy materials to cater to the demands of future space programme. He said this during a lecture organized by Indian Institute of Metals and the Indian Institute of Science. He...
Achenbach to exhibit at the ALUMINIUM 2018 show as specialist for aluminium rolling and foil slitting technology
The family company Achenbach Buschhütten will present itself at the ALUMINIUM 2018 show as specialist for rolling and foil slitting technology for the production of aluminum flat rolled products at the highest quality level. The strategic approach is to offer ‘everything from one single source’:...
Vedanta secures approval for its Lanjigarh alumina refinery expansion worth of INR 5,600 crore
Vedanta Resources Plc reported that it received approvals for expansion of its alumina refinery at Lanjigarh in Odisha, and inked contracts with Emirates Global Aluminium for bauxite. The present capacity of the refinery is 2 million tonnes per annum which are expected to expand by 2021, said CEO...
India's alumina export on the rise QoQ in Q1 2018; export revenue expected to rise further due to higher alumina prices
After the publication of Q1 2018 results, Nalco CMD TK Chand said alumina business is pushing up Nalco profitability. He said the PBT from alumina segment stood at INR 1125 crore. Nalco drives the alumina export segment in India every year being the top alumina producer and exporter. Nalco...
Top ten aluminium extrusion companies in India
Indian aluminium industry has been known primarily because of the three major primary producers Nalco, Hindalco and Vedanta. The semi-finished sector is dominated by the SME sector. The major chunk of India’s aluminium consumption is driven by power sector and building and construction sector. This...
Indian Aluminium sector faces coal shortage
The ongoing coal shortage has begun affecting other segments besides power plants and the railways. The ongoing coal shortage has begun affecting other segments besides power plants and the railways, with the Federation of Indian Mineral Industries (FIMI) stating on Wednesday that aluminium makers...
Sri Lankan company Alumex Plc eyeing to export aluminium extrusion
Alumex Plc, a fully integrated manufacturer of aluminium profiles in Sri Lanka, is reportedly eyeing exports and planning to compete strongly in a domestic market with import tax protection so that the customers become free from paying higher prices for finished goods. With the opening of a two...
Mining sector seeks lower tax, export duty exemptions
The Federation of Indian Mineral Industries (FIMI)has sought rationalisation of tax on mining, and exemption from export duties on iron ore and bauxite. In a press statement before its 52nd Annual General Meeting, the industry body said taxes and royalty for mining in India are the highest in the...
Nalco to increase material procurement from MSMEs
State-owned aluminium major National Aluminium Company (Nalco) has intimidated that it is making all efforts to procure more materials from mid-sized, small or micro enterprises. Reportedly, the procurement will expand from the current level of INR 400 crore to INR 1200 crore in the coming time....
Hindalco wants the Indian government to restrict scrap imports
Hindalco, one of the largest aluminium producers in India, has urged the government to cap the quantity of imports of low-cost semis, wire rods, scrap from China, southeast Asia, and the United States, fearing the rising share of inbound shipments in the domestic market. “We have asked the...
Nalco’s upcoming aluminium wire rod manufacturing facility to meet the rising demand from end users
On August 9, the state-run aluminium major National Aluminium Company (Nalco) laid a foundation stone to set up a new aluminium wire rod manufacturing facility at its existing plant at Angul. This 131-crore project will reportedly have an installed annual capacity of 40,000 tonnes per year (alloy...
India’s retaliatory tariffs on the US postponed to 18th of September
India’s retaliatory tariffs on 29 American products have been postponed to 18 th of September, which was originally scheduled on August 4, 2018. This decision came out in the ongoing discussion between the two countries to resolve trade disputes. “The said notification, with effect from the 4th day...
CMDC starts tender process for bauxite exploration in the state
According to an update from the office of Chhattisgarh Mineral Development Corporation (CMDC) the organization has started the tendering process for carrying out detailed exploration of different Bauxite and Iron Ore blocks in the State. The Corporation has also started processing tender for...
